Investors & landlords

Thanks for the reply. Much appreciated!

 

Can you please clarify what do you mean by "not a concern on the gross-up tax"?

If I don't do anything and only claim the repayment, the gross-up tax will show as withhold tax on my account. In this case, some portion of the gross-up tax will be refunded to me. I don't mind to have extra refund but would like to know if it is okay for me to keep. Or should I remove the gross-up tax portion on the amended return?

 

thanks.